December 3 Key Market Insights - A Must Read! | Alpha Morning Report
Featured News
1. Cryptocurrency Market Sees Rebound Rally, SUI and PENGU Surge Over 20%
2. Trump Suggests Hassett Will Succeed Powell as Fed Chair, Criticizes Powell for Not Cutting Rates
4. Anthropic Initiates IPO Preparation, Earliest Listing Possible in 2026
5. $3.76 Billion Liquidated Across the Network in the Last 24 Hours, Mainly Short Positions
Articles & Threads
1. "Major Update for Global Social Platform Telegram - Your GPU Can Now Mine TON"
Yesterday, Telegram founder Pavel Durov tweeted the launch of their decentralized privacy-preserving computation network, Cocoon. Anyone can become a worker node and earn $TON by leveraging their GPU. Cocoon enables GPU owners to contribute AI compute power to the TON decentralized network. By running the Cocoon protocol stack on a TEE-supported GPU server, one can provide private, verifiable AI model execution and transparently receive $TON payment for each processed request.
2. "Why Did Japan Hike Rates While Bitcoin Crashed?"
The key reason for the significant market volatility was a speech by the Governor of the Bank of Japan, Haruhiko Kuroda, on December 1st in Nagoya, which was very hawkish. The market interpreted this as Japan preparing to raise interest rates. So why did Japan's interest rate hike cause a Bitcoin crash? To understand all this, we must return to the underlying logic of the capital markets: liquidity.
Market Data
Daily Market-wide Funding Heatmap (based on funding rates) and Token Unlocks
Data Source: Coinglass, TokenUnlocks
Funding Rate

Token Unlocks

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